SERVICE CHARGES

S/NoParticularsService Charge + Tax  and Others as Applicable from time to time
 DEPOSIT SECTION
1Average Minimum Quarterly Balancei) Savings Account
ii) Rs.1,000/- with Cheque book facility.
iii) Rs.500/- without cheque book facility.
2Charges for Non-Maintenance of Minimum BalanceCharges are Rs.20/- per day per transaction.
3Issue of Duplicate Pass bookRs.100/- with latest balance + Rs.10/- per page for previous entries.
4Cheque Book ChargesRs.20/- for single cheque book. Rs.100/- per extra cheque book at a single time.
5Photo AttestationRs.10/- per photo.
6Signature Attestation for ECSRs. 100/-.
7Signature AttestationFor obtaining loans from other financial institutions Rs.100/- per attestation.
8Bouncing of Cheque – Local / ECS (issued by our customer)Rs. 100/- per instrument for cheque amount below Rs.1.00 lakh.
Rs.100/- + Re.0.50 per Thousand for cheque amount above Rs.1.00 lakh.
Above mentioned charges are also applicable for return of ECS.
9Dormancy/Inoperative Account Activation ChargeRs 100
10Balance CertificateRs 50/-
11Service Charge1. Rs 50 annual maintenance fee per annum
2. Rs 100/- on half-yearly basis towards inoperative account
12Issue of Account StatementRs 50 per page
13Transfer of AccountRs 100 (Inclusive of Postal Charges)
14Stop Payment InstructionRs 50 Per Instrument/Instruction
15Account ClosureIf closed within three months
1. Rs 100 without Cheque Book
2. Rs 200 with Cheque Book
 CURRENT ACCOUNT
1 Average Minimum Quarterly BalanceRs 1,000/-  
2Charges for Non-Maintenance of Minimum BalanceCharges are Rs.50/- per day per transaction.
3Issue of Duplicate Pass bookRs.100/- with latest balance + Rs.10/- per page for previous entries.
4Cheque Book ChargesRs.20/- for single cheque book. Rs.100/- per extra cheque book at a single time.
5Photo AttestationRs.10/- per photo.
6Signature Attestation for ECSRs. 100/-.
7Signature AttestationFor obtaining loans from other financial institutions Rs.100/- per attestation.
8Bouncing of Cheque – Local / ECSRs. 100/- per instrument for cheque amount below Rs.1.00 lakh.
Rs.100/- + Re.0.50 per Thousand for cheque amount above Rs.1.00 lakh.
Above mentioned charges are also applicable for return of ECS.
9Balance CertificateRs 50/-
10Service ChargeRs 50 annual maintenance fee per annum
Rs 100/- on half-yearly basis towards inoperative account
11Issue of Account StatementRs 50 per page
12Transfer of AccountRs 100 (Inclusive of Postal Charges)
13Stop Payment InstructionRs 50 Per Instrument/Instruction
14Account ClosureRs 200, If closed within one year
 TERM DEPOSIT
1Issue of Duplicate CertificateRs 100 per case
2Penal Interest for Delayed InstalmentsRs 2.00 per Rs 100
 LOAN SECTION
1Loan Application FormRs 100 per form.  
2Processing Fee/Charge1. Govt. Sponsored scheme Rs 100 per case
2. Fresh Loan 1% of Loan amount
3. Renewal 0.50% of Loan amount
3Issue of Duplicate Pass bookRs.100/- with latest balance + Rs.10/- per page for previous entries.
4Cheque Book ChargesRs.20/- for single cheque book. Rs.100/- per extra cheque book at a single time.
5Non-Submission of Stock StatementRs 200 per month
6Penal charge for late payment of EMI1% p.a. for the amount in default for the days of default.
7Pre payment for charge for Term LoanRs 1,000 or 2% flat on o/s balance, which ever is higher
8NoLiability/ Dues CertificateRs 100 per case
9Bank Guarantee0.75% per quarter or part thereof with a minimum of 3% p.a.
Note: Bank Guarantee should be back by a margin of 100% as Fixed Deposit.
10Commitment Charge for C.C limit10% of sanctioned limit, if utilization is below 10% of sanctioned limit.
 SOLVENCY CERTIFICATE
1Upto Rs 5 lakhsRs 2,000
Above Rs 5 lakhs – Rs 10 lakhsRs 2,500
Above Rs 10 lakhs to Rs 50 lakhsRs 5,000
Above Rs 50 lakhsRs 10,000
2Stop payment of Cheques CC/ODsRs 100 per instances
 REMMITTANCE  FACILITIES
1Issue of Demand Drafts1. Rs 20 up to Rs 1,000
2. Rs 20 + 1.00 per thousand thereafter
2Cancellation of Demand DraftRs 100 per cancellation
3Duplicate Demand DraftRs 200 per Demand Draft
4Revalidation of Demand DraftRs 100 per Demand Draft
 CHEQUE COLLECTIONS
1Upto Rs 10,000Rs 50
2Rs 10,001 – Rs 1,00,000Rs 100
3Rs 1,00,001 & AboveRs 150
4Local CollectionNil
5Out StationRs 25 per instrument 
6Cheque Return Insufficient FundsRs 200 per instances
 BILL COLLECTIONS
1Upto Rs 5,000Rs 50
2Above Rs 5,000 – Rs 10,000Rs 75
3Above 10,000 – Rs 1,00,000Rs 125
4Above Rs 1,00,000 – Rs 5,00,000Rs 250
5Above Rs 5,00,000Rs 300
 RUPAY DEBIT CARD RELATED CHARGES
 Tariff Charges
1Apex Bank ATMFree
2Other Bank’s ATM
First 3 Transactions of the month in Metro CitiesFree
First 5 Transactions of the month in Non Metro CitiesFree
After First 3 and First 5 transactions in metro and non metro cities respectively in monthRs. 18/- per transaction + GST (Financial)
Rs. 9/- per transaction + GST (Non-Financial)
3DAILY USAGE LIMITS
Cash Withdrawal Transaction Limit at ATMRs. 40,000/-
Purchase Transaction Limit at MerchantRs. 50,000/-
4FEES
Annual FeeRs. 200/-
Additional Card (per annum)Rs 100/-
Card Replacement FeeRs. 200/-
 INTERNET BANKING RELATED CHARGES (On ICICI Gateway)
1IRTC FeeRs 25 Plus GST
2Online Air Ticket BookingRs 50 Plus GST
3Others i.e. Income Tax, GST PaymentRs 50 Plus GST
 INTER BRANCH TRANSFER CHARGES
1Transfer between MCAB Branches Local/OutstationNil
2Deposit of Cash at Non-Home CBS BranchesRs 10/-+GST per 25000/- per transaction
3Encashment of Cheque at Non-Home BranchesFree upto Rs 10,000 Rs 2/- per 1000 above Rs 50,000/-
 RTGS / NEFT transaction Charges
 AMOUNTCharges
1Rs. 1 – 10,000Rs 2.5 + GST
2Rs. 10,001 – 1,00,000Rs. 5 + GST
3Rs. 1,00,000 – 2,00,000Rs. 15 + GST
4Above Rs. 2,00,00025 + GST
5Rs. 2,00,000 – 5,00,000Rs. 25 + GST
6Above Rs. 5,00,000Rs. 50 + GST
 OTHER AREAS
1Nominal MembershipNominal Fee Rs. 500
Form Rs 20
Admission Fee Rs 20
2ShareApplication Form Rs 100
Value per Share Rs 100
Minimum Share 50
3Zero Balance Account 
4Loan Application FormRs 100+GST per Form